North Sea Crude-Forties and Ekofisk bid higher

LONDON, Oct 27 (Reuters) - North Sea Forties and Ekofisk were bid higher in the Platts window on Monday, while UK oil services firm Petrofac filed for administration.

PETROFAC

British oilfield services provider Petrofac PFC.L said on Monday it plans to appoint administrators, potentially putting jobs at risk, after losing a major Dutch contract.

"Our long-established North Sea business continues to operate as normal, and management are working to minimise disruption for clients and employees," a Petrofac spokesperson told Reuters in an emailed statement.

PLATTS WINDOW

Indications are on a free-on-board (FOB) basis unless marked as cost, insurance and freight (CIF) or delivered at place (DAP).

No deals on Monday, a trader said.

Forties: Vitol bid for November 15-17 dates at dated Brent plus 10 cents.

Forties: Monday's bid was higher than where the grade traded last week, when Exxon Mobil bought from Eni for November 15-17 at dated minus 15 cents.

Ekofisk: Phillips 66 bid for a cargo loading November 7-9 at dated Brent plus 90 cents.

Ekofisk was last offered in the window at dated plus 90 cents, when BP offered an early-November cargo on October 16.

WTI Midland: ExxonMobil bid for two cargoes, loading November 10-14 and November 14-18, at dated Brent plus $1.09 CIF Rotterdam and dated Brent plus 93 cents CIF Rotterdam, respectively.

The higher of the two bids, at dated plus $1.09 CIF, equated to around dated Brent minus 12 cents FOB, Reuters calculations showed.

The bids were lower than where WTI Midland traded last week, when Glencore bought two mid-November cargoes from Unipec at dated plus $1.20 CIF Rotterdam on Tuesday.

NORTH SEA CRUDE OIL DIFFERENTIALS AND OUTRIGHT PRICES: 
                    0#BFO-DIF     0#C-E 
Dated BFO       BFO- 
Brent           BFO-BRT       BFO-E 
Forties         BFO-FOT       FOT-E 
Oseberg         BFO-OSE       OSE-E 
Ekofisk         BFO-EKO       EKO-E 
 Monthly North Sea crude loading programmes     O/LOAD 
 OPEC OPEC                NSEA  North Sea 
 CRU  crude oil           PROD  oil products 
 DRV  derivatives         PRO/E European products 
  OILOIL  NYMOIL, IPEOIL, OILSPD, OILARB 
CRDWLDPRODEUR, PRODUS, APROD 
ENERGY energy speed guide   CRUDE/1 crude speed guide